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Samsung

Nov 14, 2019, 08.52 AM IST

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SAMSUNG

Samsung to take Galaxy M smartphones offline

Galaxy M has been an online exclusive smartphone series, but Samsung has decided to take it offline as well, heeding to demand from offline retail lobbies for smartphone makers to curb launch of online exclusive models and offers since these hurt their business.

Xiaomi reports record sales in offline trade

The company’s overall offline business grew by 70 per cent during this year festive season as co...

Apple tops India premium segment with 51.3% share in Q3: IDC

Maintaining its growth trajectory in the highly-congested premium smartphone seg...

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  • It's a novel, innovative concept and more of a collector’s item.

    "Earnings from the memory business slumped significantly year-on-year as memory chip prices continued its downward trend," the company said. Samsung also faces challenges from the US-China trade war and tough export restrictions imposed by Tokyo on key supplies as part of a dispute with Seoul over wartime forced labour.

    Vikas Agarwal, general manager at OnePlus India, said the next phase of growth will be driven by the offline channel expansion, which started in the third quarter. OnePlus currently has 2,000 offline touchpoints largely through large format retail stores through its partnership with 10 retail chains and own exclusive experience store.

    Huawei is approaching a critical juncture in its fight for survival, six months after Washington barred it from buying key US components and software without special licences. Those include Google’s Android operating system, semiconductor design tools from Synopsys Inc. and Cadence Design Systems Inc. and radio frequency chips made by Qorvo and Skyworks.

    As of now, the update is available only in Germany and Switzerland.

    While premium products like large screen televisions, frostfree refrigerators and fully automatic washing machines did sell in cities and large towns driven by plethora of consumer finance options and price cuts — sales of entry-level products which constitute the belly of the market — were a washout, several manufacturers said.

    Samsung recently ended mobile telephone production in China due to intensifying competition from domestic rivals as it expands its facility in India. India now has 268 mobile manufacturing companies including some of the biggest players in industry.

    The campus average compensation is Rs 16.33 lakh and median is Rs 14.85 lakh among both the under graduate and PG programmes. Some of the top firms which recruited from the campus include, Google, Microsoft, Amazon, Goldman Sachs, Adobe, Qualcomm, Nvidia, Wadhwani AI, WDC, Tower Research, HSBC MathWorks, Harmon Kardon, RIL & Samsung.

    Almost three years ahead of schedule, Samsung has already begun exporting India-made phones to a few countries owing to its fully exhausted existing capacity. Therefore, outsourcing production is a viable option in order to meet the high demand.

    In a study of 11 product-based industries, Samsung emerged the second most dominant player, followed by Cafe Coffee Day, Dominos, and Bata which made up the top five. The study showed that among the top five brands with the largest exclusive brand retail network in India - Xiaomi was 44% bigger than Samsung and over 48% bigger than CCD.

    The company, which globally launched its smart televisions from India in August, claimed to have taken 42% share of the premium smart TV segment on online partner Amazon during the first few days of festive sales.

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